Restaurant Brands 2Q sales lift 12% on international expansion

Wed, 19 Sep 2018

By Tina Morrison Sept. 20 (BusinessDesk) - Restaurant Brands New Zealand lifted second-quarter sales as the fast-food operator's expansion to Australia and Hawaii brought in more cash. Sales increased 12 percent to $251 million in the 16 weeks ended Sept. 10, the company said. That puts first-half sales 12 percent ahead of last year at $431 million. New Zealand's largest fast-food operator is expanding into overseas markets to drive earnings growth. The company, which operates the KFC, Pizza Hut, Starbucks Coffee and Carl's Jr brands i...

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